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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Jack Clarke who wrote (10665)	12/1/1997 6:56:00 AM
From: Don Pueblo	Read Replies (2) \| Respond to of 94695

What happened to the Naz? Up 2350 earlier, now +150.(correction:+170) TLC

To: Jack Clarke who wrote (10665)	12/1/1997 8:43:00 AM
From: kas1	Respond to of 94695

Jack, accdg to my brief scan of things, Taiwan is down because the opposition party surprisingly won some local elections over there. Here is the interesting part: the opposition's major difference in ideology is that they are more pro-independence than the ruling party. And this is perceived as bad for the markets? IMHO, it's just a short term shock, and long-term it's reassuring to know that Taiwan won't be plundered by the mainland. There was also some mention of the ruling party (which I guess becomes the opposition party now??) being very pro-stock-market (whatta surprise!), which could also explain some of that 5% shock at their defeat. FWIW, I am long Taiwan Semiconductor (TSM).